Teenage boy confesses to mistakenly stealing bike to take care of siblings
Broadcaster warned after omitting honorific for first lady
Yoon says 2,000 increase in med school quota non-negotiable
S. Korea to tighten export controls on Russia, Belarus
Democratic Party of Korea’s beef with prosecutors, explained
Lotte Mart bargain TVs are a sell-out successBy Cho Ji-hyun
Published : Feb. 23, 2011 - 19:05
Lotte Mart officials said it began selling the 24-inch TVs, which cost less than 300,000 won ($268), at 89 of its branches across the nation from 9-10 a.m.
Some customers queued outside for up to four hours before the stores opened for a chance to purchase the ultra-cheap TVs. Some stores, including the Seoul Station branch, sold all 60 TVs in stock within 30 minutes of opening.
The retail giant sold a total of 3,000 units on Wednesday and plans to release 2,000 more, company officials said.
“We usually sell about 200-300 TVs in all branches in an one-week period, but so many people expressed an interest in the ultra-cheap TV,” said a Lotte Mart official. “We’re trying to find out if we can get any more units from Moneual since it appears as if the additional TVs supplied are expected to be gone soon.”
The country’s major supermarket chain had announced earlier this week that it would target the low-end TV market by selling a 24-inch television for 299,000 won at most of its branches nationwide.
The cheap TV, manufactured by local mid-sized firm Moneual, is a light-emitting display-backlit liquid crystal display that can also be used as a computer monitor.
The event took place after the retail giant stirred controversy last year for selling ultra-cheap chicken, drawing criticism from smaller chicken retailers.
By Cho Ji-hyun (email@example.com)
Why Korea has been so quick to adopt ‘global minimum tax’
Russia sending NK food in return for arms: Seoul defense chief
Legality issues linger as nurses fill treatment void Tuesday